Cactus Price To Sales Ratio from 2010 to 2024

WHD Stock  USD 68.99  0.54  0.79%   
Cactus' Price To Sales Ratio is decreasing over the years with slightly volatile fluctuation. Overall, Price To Sales Ratio is expected to go to 4.58 this year. Price To Sales Ratio is a valuation ratio that compares a company's stock price to its revenues, calculated by dividing Cactus' market cap by its total sales or revenue over a 12-month period. View All Fundamentals
 
Price To Sales Ratio  
First Reported
2010-12-31
Previous Quarter
2.67530393
Current Value
4.58
Quarterly Volatility
2.43619487
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Cactus financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cactus' main balance sheet or income statement drivers, such as Tax Provision of 40.4 M, Interest Income of 6.8 M or Depreciation And Amortization of 38.4 M, as well as many indicators such as Price To Sales Ratio of 4.58, Dividend Yield of 0.0118 or PTB Ratio of 3.56. Cactus financial statements analysis is a perfect complement when working with Cactus Valuation or Volatility modules.
  
Check out the analysis of Cactus Correlation against competitors.

Latest Cactus' Price To Sales Ratio Growth Pattern

Below is the plot of the Price To Sales Ratio of Cactus Inc over the last few years. Price to Sales Ratio is figured by comparing Cactus Inc stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Cactus sales, a figure that is much harder to manipulate than other Cactus Inc multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. It is a valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period. Cactus' Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cactus' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 4.03 X10 Years Trend
Slightly volatile
   Price To Sales Ratio   
       Timeline  

Cactus Price To Sales Ratio Regression Statistics

Arithmetic Mean5.08
Geometric Mean4.42
Coefficient Of Variation47.92
Mean Deviation2.04
Median4.82
Standard Deviation2.44
Sample Variance5.94
Range8.5092
R-Value(0.58)
Mean Square Error4.26
R-Squared0.33
Significance0.02
Slope(0.31)
Total Sum of Squares83.09

Cactus Price To Sales Ratio History

2024 4.58
2023 2.68
2022 4.4
2021 4.82
2020 3.55
2019 2.46
2018 1.63

About Cactus Financial Statements

Cactus stakeholders use historical fundamental indicators, such as Cactus' Price To Sales Ratio, to determine how well the company is positioned to perform in the future. Although Cactus investors may analyze each financial statement separately, they are all interrelated. For example, changes in Cactus' assets and liabilities are reflected in the revenues and expenses on Cactus' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Cactus Inc. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price To Sales Ratio 2.68  4.58 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Cactus Inc is a strong investment it is important to analyze Cactus' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cactus' future performance. For an informed investment choice regarding Cactus Stock, refer to the following important reports:
Check out the analysis of Cactus Correlation against competitors.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Oil & Gas Equipment & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cactus. If investors know Cactus will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cactus listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.07)
Dividend Share
0.49
Earnings Share
2.84
Revenue Per Share
17.195
Quarterly Revenue Growth
0.018
The market value of Cactus Inc is measured differently than its book value, which is the value of Cactus that is recorded on the company's balance sheet. Investors also form their own opinion of Cactus' value that differs from its market value or its book value, called intrinsic value, which is Cactus' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cactus' market value can be influenced by many factors that don't directly affect Cactus' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cactus' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cactus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cactus' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.